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This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value added terms, accounting for services embodied in exported...
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I. INTRODUCTION. Chapter 1. Introduction to internationalization from a network approach: the relevance of domestic and international relationships -- II. THEORETICAL FOUNDATION OF INTERNATIONALIZATION FROM A NETWORK APPROACH -- Chapter 2. Internationalization of SMEs through networks: a...
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